Joe Ludwig (Queensland, Australian Labor Party, Minister for Agriculture, Fisheries and Forestry) Share this | Hansard source

I will take the interjection from Senator Cormann. He does not get it. He has deferred this question to Senator Macdonald because he does not want to be embarrassed asking it. Clearly, what he has missed is that the government stands behind the extensive modelling carried out by Treasury. We are confident of the work that Treasury has done. It has proven to be accurate since the price came into effect. You only have to look at the issue of electricity prices, where the price impact announced by regulators was consistent with the Treasury modelling. Unlike those opposite, who then decried—